JoeLermont.base.eth
@joelermont
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๐พ Monad: The Ethereum-Compatible Layer 1 Scaling New Heights
In February 2025, Monad launched its public testnet, showcasing impressive performance with over 130 million transactions, 10,000 TPS, and sub-second block times.
Backed by a $225 million funding round led by Paradigm, with participation from Coinbase Ventures and Electric Capital, Monad is poised for significant growth. ๐ ๐ ๐
The Monad Foundation has been established to promote development and adoption of the Ethereum-compatible Layer 1.
MonadScore, a decentralized compute reputation layer powered by AI, is live, allowing users to earn points convertible to $SCORE upon mainnet launch.
Projects like aPriori and Kintsu have secured $8 million and $4 million ๐ธ ๐ธ ๐ธ respectively in seed funding to build liquid staking platforms on Monad.
With a growing ecosystem and strong community support, Monad is set to make a significant impact in the blockchain space. ๐ค
#Monad #Blockchain #EVM #Crypto #Web3 #Layer1
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